An Economist Defines Efficiency As

question 109

Multiple Choice

An economist defines efficiency as:

• A)​the maximization of output from available resources.
• B)​the maximization of revenue from available resources.
• C)​the maximization of inputs using available resources.
• D)​the creation of a surplus using available resources.

---

Definitions:

Refractory Stage

A period following an action potential during which a neuron is incapable of firing again.

Exhaustion Stage

The final stage of the stress response, characterized by the body's inability to continue to adapt to stressors, leading to decreased function and possible health breakdown.

Sleep Deprivation

A condition resulting from not obtaining the sufficient amount of sleep, which can negatively affect physical and mental health.

Antidepressant

A class of drugs that help relieve the symptoms of depression by adjusting the levels of certain neurotransmitters in the brain.